The decline in foreign direct investment (FDI) in the country every month could not be stopped. The State Bank has released the statistics of gross and foreign direct investment in the country.
Foreign direct investment every month fell from $360 million to $170 million over four months.
FDI of $13.6 million was recorded in Pakistan in July. Foreign direct investment in June 2024 stood at $169 million.
In July 2024, an investment of $24 million was made in the stock market. Foreign private investment increased from $99.5 million annually to $160 million in July 2024.
Most of the investment came from China, Hong Kong, and the United Kingdom, according to the State Bank.
The majority of the FDI was directed toward the power sector and oil and gas exploration. Gross disinvestment improved on a year-on-year basis, according to the State Bank.
In July 2024, the total foreign investment in Pakistan stood at $305 million.
